Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Belgium - 2023
Contents:
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Belgium (CIF) - 2023
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Belgium (FOB) - 2023
- Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Belgium
- Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Belgium
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Belgium (CIF) - 2023
The average import price for fresh or chilled sheep (including lamb) boneless cutses stood at $14,417 per ton in October 2023, growing by 18% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $16,441 per ton in December 2022; however, from January 2023 to October 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From October 2022 to October 2023, the rate of growth in terms of prices for Ireland amounted to +1.2% per month.
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Belgium (FOB) - 2023
In August 2023, the average export price for fresh or chilled sheep (including lamb) boneless cutses amounted to $14,240 per ton, jumping by 18% against the previous month. Overall, the export price, however, saw a perceptible setback. The most prominent rate of growth was recorded in November 2022 an increase of 22% month-to-month. As a result, the export price attained the peak level of $19,037 per ton. From December 2022 to August 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In August 2023, the highest price was recorded for prices to the Netherlands ($17,992 per ton) and Germany ($16,474 per ton), while the average price for exports to France ($12,198 per ton) and Italy ($14,790 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Belgium
After three years of growth, purchases abroad of fresh or chilled sheep (including lamb) boneless cutses decreased by -2.6% to 2.5K tons in 2022. The total import volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year.
In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses amounted to $37M in 2022. The total import value increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 3.7 | 11.5 | 13.2 | 17.9 | 69.1% |
| Netherlands | 12.4 | 5.8 | 9.7 | 11.2 | -3.3% |
| Ireland | 4.6 | 5.5 | 6.4 | 5.1 | 3.5% |
| France | 2.0 | 1.4 | 2.1 | 2.2 | 3.2% |
| Spain | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| United Kingdom | 3.7 | 3.7 | 0.3 | N/A | -71.5% |
| Others | 0.2 | 0.6 | 4.5 | 0.3 | 14.5% |
| Total | 26.9 | 28.7 | 36.5 | 36.9 | 11.1% |
Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Belgium in 2022:
- New Zealand (1067.8 tons)
- Netherlands (722.1 tons)
- Ireland (488.1 tons)
- France (155.5 tons)
- Spain (44.2 tons)
Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Belgium
In 2022, approx. 1.6K tons of fresh or chilled sheep (including lamb) boneless cutses were exported from Belgium; increasing by 4.5% on the year before. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 79%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled sheep (including lamb) boneless cutses surged to $27M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.8% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 33% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.3 | 7.1 | 9.8 | 18.1 | 24.9% |
| France | N/A | 9.3 | 9.1 | 5.4 | -23.8% |
| Luxembourg | 1.4 | 1.4 | 1.6 | 1.4 | 0.0% |
| Netherlands | 3.6 | 1.0 | 1.0 | 1.0 | -34.8% |
| Sweden | N/A | N/A | N/A | 0.6 | 0% |
| Ireland | 0.2 | 0.2 | 0.9 | 0.3 | 14.5% |
| Others | 0.3 | 0.8 | 0.4 | 0.5 | 18.6% |
| Total | 14.9 | 19.8 | 22.8 | 27.2 | 22.2% |
Top Export Markets for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts from Belgium in 2022:
- Germany (855.6 tons)
- France (556.8 tons)
- Luxembourg (87.6 tons)
- Netherlands (49.8 tons)
- Sweden (37.7 tons)
- Ireland (28.9 tons)
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